Fmr LLC grew its stake in shares of Health Care SPDR (NYSEARCA:XLV) by 45.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,907 shares of the exchange traded fund’s stock after purchasing an additional 24,274 shares during the quarter. Fmr LLC’s holdings in Health Care SPDR were worth $6,502,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Financial Gravity Wealth Inc. bought a new stake in Health Care SPDR in the first quarter valued at about $736,000. The Manufacturers Life Insurance Company increased its holdings in Health Care SPDR by 3.2% in the first quarter. The Manufacturers Life Insurance Company now owns 67,382 shares of the exchange traded fund’s stock valued at $5,485,000 after buying an additional 2,095 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in Health Care SPDR by 128.3% in the first quarter. EP Wealth Advisors LLC now owns 39,698 shares of the exchange traded fund’s stock valued at $2,722,000 after buying an additional 22,306 shares during the last quarter. Mariner LLC bought a new stake in Health Care SPDR in the first quarter valued at about $210,000. Finally, Cabana LLC increased its holdings in Health Care SPDR by 69.1% in the first quarter. Cabana LLC now owns 63,567 shares of the exchange traded fund’s stock valued at $5,398,000 after buying an additional 25,971 shares during the last quarter.
Shares of NYSEARCA:XLV traded up $1.38 during trading on Friday, hitting $91.07. 20,782,900 shares of the company traded hands, compared to its average volume of 8,559,389. Health Care SPDR has a one year low of $78.74 and a one year high of $96.06.
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 26th. Stockholders of record on Monday, September 24th were issued a dividend of $0.3671 per share. The ex-dividend date of this dividend was Friday, September 21st. This is a positive change from Health Care SPDR’s previous quarterly dividend of $0.32. This represents a $1.47 annualized dividend and a dividend yield of 1.61%.
About Health Care SPDR
Health Care Select Sector SPDR Fund (the Fund) seeks to closely match the returns and characteristics of the S&P Health Care Select Sector Index (the Index). The companies included in the Index are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poor’s 500 Composite Stock Index (S&P 500).
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